Electroneum Price Analysis: Besides the Bearish Market, The Crypto is Having Marginal Recovery

Electroneum Electroneum
  • Electroneum launched an instant anywhere payment mechanism.
  • ETN is trading around 0.00000048 BTC.
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    Although the development team is working hard for altering the market trends, things are working southwards. Electroneum (ETN) is currently facing the cruel test of time.

    Electroneum Price Statistics:

    Electroneum Price Chart

    • In a month, Electroneum (ETN) has declined by almost 20 places and ranked at 133rd in the cryptocurrency ranking.
    • ETN is currently trading at 0.004220 USD, on June 02, at UTC 08:57.
    • With a negative ROI of 95.30 %, there is a total of 9,543,119,775 ETN coins in circulation.
    • The current market cap of the altcoin is 40,071,615 USD.
    • Moreover, the 24-hrs trading value of the cryptocurrency is 347,725 USD.

    ETN Price Comparison:

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    Let’s compare today’s value of coin against 25-day’s back value. On May 08, against BTC, it was trading around 0.00000078 BTC, since then, its value has only declined and currently is trading with a loss of almost 38.46%. In the chart, it is clearly depicted that the coin has a downward trend and besides the brief period between 13th and 20th of May, where there was a slight growth, the coin is falling with a steady pace.

    ETN Price Prediction:

    After breaking the earlier predicted blockage level, Electroneum (ETN) is in a race to the bottom. According to our analysis, one should opt the crypto out from his/her portfolio until further correction.

    Conclusion:

    It is evident that Electroneum (ETN) is having a rough year and although there are few developments like intervention from Apple and launch of iOS app, a change of action plan is required for the revival of the altcoin.